BAE Systems is cutting nearly 200 jobs in Jacksonville, and the layoffs started this week, the company confirmed to News4Jax.

The Biden administration is announcing an investment of $5 billion in a public-private consortium aimed at supporting research and development in advanced computer chips.

China has announced sanctions on five American defense-related companies in response to U.S. arms sales to Taiwan and U.S. sanctions on Chinese companies and individuals.

The Biden administration is announcing the first allocation of incentives from last year’s bipartisan CHIPS and Science Act.

BAE Systems is building a modern Pearlson Shiplift and land level repair facility at its Jacksonville shipyard and broke ground on the addition Tuesday.

Britain's Prime Minister Boris Johnson walks, during a visit to BAE Systems at Warton Aerodrome in Lancashire, England, Monday, March 22, 2021 to mark the publication of the Integrated Review and the Defence White Paper. (Christopher Furlong/Pool Photo via AP)LONDON – Britain plans to cut the size of its army and boost spending on drones, robots and a new “cyber force” under defense plans announced by the government on Monday. Defense Secretary Ben Wallace said the British Army would shrink from 76,500 soldiers to 72,500 by 2025. He said the army hadn't been at its “established strength” of 82,500 for several years. In November the government announced a 16.5 billion-pound ($23 billion) increase in defense spending over the next four years, focusing on the future battlefields of space and cyber rather than traditional resources such as army troops.